Gold always booms before a recession and then crashes. Its the nature of the beast. All graphs of previous recessions show this pattern.
This gold price spike has been generated by falling us dollar, large debt, high unemployment, falling housing prices, middle east unstability, and european uncertainty. It has all the ingredients of a recession or should I say depression.
To say its all changed over 4yrs is wishful thinking based on your financial objectives. The market is willfully blind when it has objectives.
The old chinese proverb: The best stretegem is knowing when to quite.
